July 30, 1962

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1 For immediate releaseJuly DEMAND DEPOSITS CU2BENCY AND BELATED ITEMS Seasonally adjusted money supply as defined to consist of private remand deposits adjusted and currency outside banksy is eeti mated att 145 1 bilXios in the first half or July compared with l45 i billion1 in the second half of June Gross time deposits of commercial banks increased S70G Billion further in the first half of July DEMAND DEPOSITS AND CUBRENCY Averages of daily figures in billions of dollars Money supply Period Private demand deposits Total Currency 196l June July August September October Hoveaber December s Jaauary February March April May June O S I U3 2 liy o Semimonthly June 1J p Preliminary NOTE Cosaponents jnay not add to t o t a l s due tv roxuading See reverse s i d e for data without seasonal adjustment and for description of series DB A D DEPOSITS ClffiBENCY AND BELATED ITSMS JMN Averages of d a i l y f i g u r e s i n b i l l i o n s of d o l l a r s Not s e a s o n a l l y a d j u s t e d Money Supply Period Private demand d e p o s i t s S e a t e d deposits All commercial banks U S Govt demand txm Total Currency l96l June July August September October November December ill January JFebruary March Apitil May June i June 1 2 J u l y Week e ditfg 1961 July a Semimonthly Aug y ne July e x p Preliminary PEB Demand deposits are those other than domestic commercial interbank and IT S Govern msnti less leash itfems reported as in process of collection and Federal Beserve float Currency is that pktside the Tjheasury the Federal Beserve and the vaults of all commercial banks